Duratex resumes operation in Itapetininga due to market recovery

BRAZIL – The recovery of the Brazilian economy became evident with the decision of Duratex to resume its Itapetininga operation. In 2015, the largest Brazilian company in the sector decided to temporarily suspend the production of MDF and MDP at this plant due to the slowdown in the construction and furniture sectors.

Eucatex net income up 21.8% in 2017

BRAZIL – Eucatex, one of the largest producers of wood panels in Brazil, which also operates in the paints and varnishes, laminate floors, and doors segments, reported net income of BRL 65.3 million in FY 2017, an improvement of 21.8% compared to 2016 (BRL 53.6 million).

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